Citrus Pulp Pellets Market Size, Share, Opportunities, And Trends By Form (Orange-based, Grapefruit-based, Other), By Application (Swine Feed, Diary Feed, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : May 2024
  • Report Code : KSI061615419
  • Pages : 132

The citrus pulp pellet market is projected to witness a compound annual growth rate of 3.88% to grow to US$918.259 million by 2029 from US$703.395 million in 2022.

Citrus pulp is a byproduct of the citrus fruit processing industry, which is dried, limed & processed into pellets, and used as a valuable feed ingredient for livestock, particularly for ruminants like dairy cows and beef cattle. The pellets are dark brown and have a pleasant citrusy fragrance. Citrus pulp pellets are a fantastic energy source since they have a high fiber concentration and soluble carbohydrates. The citrus pulp pellets market encompasses the production, distribution, and utilization of these pellets across different industries.

The increasing demand for nutritious and sustainable animal feed products primarily drives the citrus pulp pellets market. Citrus pulp pellets are commonly used as a feed ingredient for livestock, particularly, dairy cows and beef cattle. The high fibre content and nutritional value of citrus pulp make it a valuable component of animal feed formulations. As the demand for animal protein and dairy products increases, so does the demand for citrus pulp pellets as an economical and nutritious feed ingredient.

Market Drivers:

  • Rise in meat production-

Globally, meat production and demand have subsequently increased as being an important source of nutrients for many people. With improvement in people's lifestyle and economic progress. The demand and corresponding production of the meat. Globally dominant livestock types are poultry, cattle, pigs, sheep, and goats. The relative change in meat production in Africa is +6% which from 2020 to 2022. For Asia, it is as high as +13%, due to the rising economies of the region.

North America and South America have relative changes of +2% and +6%, for the same year, according to FAO. Cross-country comparison suggests that there is a direct relation between meat consumption and GDP per capita, according to FAO data, the higher per capita GDP a country has, the more meat the average person typically eats. This suggests that there is a corresponding rise in demand for citrus pellets from the livestock feed industry.

  • Nutritional benefits of citrus pulp pellet-

Citrus pulp pellets are rich in digestible fiber, energy, and other essential nutrients. They serve as a viable alternative to traditional feed ingredients like corn and soybean meal. Dried Citrus Pulp is primarily used as a feed for dairy and beef cattle. It is especially, advantageous, in the citrus-growing areas because of its economic advantage, dairy rations would contain from 30-50% dried citrus pulp. 

Citrus pulp pellets (CPP), offered by Viterra are derived from citrus juicing and serve as a high-energy feed ingredient. They contain 89.9% dry matter (DM), with an acid detergent fiber (ADF) content of 15.3% DM and organic matter comprising 94.1% DM. The neutral detergent fiber (NDF) level is 20.3% DM. These pellets are a byproduct of the citrus juice industry, offering a valuable source of energy for livestock feed. Their nutritional profile makes them attractive for livestock producers aiming to enhance animal performance and health.

Market Restraint:

  • Alternatives feed products-

Challenges such as seasonal availability & supply, stiff competition from alternative feed ingredients, and stringent regulatory norms pose potential restraints to market growth. Manufacturers and stakeholders in this market are actively exploring new applications and value-added products to meet the evolving demands of various industries. The animal feed market has been differentiated by different 

kinds of animals, and their different needs at different points of growth. There are compound feed, blended feed, grains, pellets, silage, supplements, and milk replacers. These different varieties are

Citrus pulp pellets market by form into orange-based, grapefruit-based, and others

The citrus pulp pellets market by form is segmented into orange-based, grapefruit-based, and others. Orange-based, widely cultivated citrus fruit globally, making orange peels a readily available raw material for citrus pulp pellet production. According to research, when Grapefruit are processed for juice, 45 to 60 percent of their weight remains in the form of peel, rag, and seeds. This waste is palatable to castles and other animals. Because of the high water content and the perishable nature of the waste, economically it can only be used for animal feed. Other segments include pulp pellets derived from lemons, limes, and tangerines.

North America is anticipated to hold a significant share of the global citrus pulp pellets market.

North American region will experience rapid expansion throughout the projection period due to the growing demand animal feed industry. As per the American Feed Industry, over 5,800 animal food manufacturing facilities operate in the United States, collectively generating more than 284 million tons of finished feed and pet food annually.

Decision Innovation Solutions estimated that in 2023, the total animal food industry will generate $267.1 billion in sales. According to the Animal Nutrition Association of Canada, 29.2 million tonnes of feed was consumed by Canada's livestock (not including forages) in 2022. In addition, the prevalence of key market players such as Archer Daniels Midland Company, Cargill Incorporated, Tate & Lyle PLC, and others also spur the growth of citrus pulp pellets in this region.

Market Developments:

  • July 2022-  Furst-McNess Company, based in Illinois, acquired manufacturing and trans-loading facilities along with a retail storefront in Lake City, Florida, previously operated by Central States Enterprises, LLC. McNess had been providing commodities, blended feeds, and nutritional products to dairy, beef, and poultry producers in Florida and Georgia further enhancing Furst-McNess Company’s ability to serve customers throughout the Southeast.

Company Products:

  • Furst-McNess Company’s Citrus Pulp Pellets-  Furst-McNess Company offers Citrus Pulp Pellets with having light yellow to orange-brown hue with a pleasant citrus scent. These pellets exhibit a bulk density of 50 lbs/cu.ft when pelleted and 20-30 lbs/cu.ft when unpelleted. It contains carbohydrates, with high calcium content.
  • Citrus Pulp, by LaBudde Group Inc. -  Citrus Pulp, by LaBudde Group Inc., is the dehydrated residue derived from the peel, pulp, and seeds of oranges, grapefruits, and other citrus fruits. It is dried upto 10% of moisture. It is rich in calcium. It has a total digestible nutrient (TDN) content of approximately 74%, it serves as a dry carbohydrate concentrate.
  • KW Alternative Feeds’s Citrus Feed- KW Alternative Feeds presents Citrus Feed, a highly palatable sugar feed boasting intermediate levels of digestible fibre and a distinct citrus aroma and flavour profile. With a dry matter content of 92%, it offers an energy value of 12.3 MJ ME/kg DM, along with a crude protein content of 7.0% and an oil content of 2.5%.

Market Segmentation:

  • By Form
    • Orange-based
    • Grapefruit-based
    • Others
  • By Application
    • Swine Feed
    • Diary Feed
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

Frequently Asked Questions (FAQs)

The citrus pulp pellets market is projected to grow at a CAGR of 3.88% during the forecast period.
The global citrus pulp pellets market is projected to reach a total market size of US$918.259 million by 2029.
Citrus Pulp Pellets Market was valued at US$703.395 million in 2022.
The citrus pulp pellets market is primarily driven by the increasing demand for nutritious and sustainable animal feed products.
North America is anticipated to hold a significant share of the global citrus pulp pellets market due to the growing demand animal feed industry.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key benefits to the stakeholder

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Russia-Ukraine War Impact Analysis

5. CITRUS PULP PELLETS MARKET BY FORM

5.1. Introduction

5.2. Orange-based

5.2.1. Market opportunities and trends

5.2.2. Growth prospects

5.2.3. Geographic lucrativeness 

5.3. Grapefruit-based

5.3.1. Market opportunities and trends

5.3.2. Growth prospects

5.3.3. Geographic lucrativeness 

5.4. Others

5.4.1. Market opportunities and trends

5.4.2. Growth prospects

5.4.3. Geographic lucrativeness 

6. CITRUS PULP PELLETS MARKET BY APPLICATION

6.1. Introduction

6.2. Swine Feed

6.2.1. Market opportunities and trends

6.2.2. Growth prospects

6.2.3. Geographic lucrativeness 

6.3. Diary Feed

6.3.1. Market opportunities and trends

6.3.2. Growth prospects

6.3.3. Geographic lucrativeness 

6.4. Others

6.4.1. Market opportunities and trends

6.4.2. Growth prospects

6.4.3. Geographic lucrativeness 

7. CITRUS PULP PELLETS MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Source

7.2.2. By Application

7.2.3. By Country

7.2.3.1. United States

7.2.3.1.1. Market Trends and Opportunities

7.2.3.1.2. Growth Prospects

7.2.3.2. Canada

7.2.3.2.1. Market Trends and Opportunities

7.2.3.2.2. Growth Prospects

7.2.3.3. Mexico

7.2.3.3.1. Market Trends and Opportunities

7.2.3.3.2. Growth Prospects

7.3. South America

7.3.1. By Source

7.3.2. By Application

7.3.3. By Country

7.3.3.1. Brazil 

7.3.3.1.1. Market Trends and Opportunities

7.3.3.1.2. Growth Prospects 

7.3.3.2. Argentina

7.3.3.2.1. Market Trends and Opportunities

7.3.3.2.2. Growth Prospects

7.3.3.3. Others

7.3.3.3.1. Market Trends and Opportunities

7.3.3.3.2. Growth Prospects

7.4. Europe

7.4.1. By Source

7.4.2. By Application

7.4.3. By Country

7.4.3.1. Germany

7.4.3.1.1. Market Trends and Opportunities

7.4.3.1.2. Growth Prospects

7.4.3.2. France

7.4.3.2.1. Market Trends and Opportunities

7.4.3.2.2. Growth Prospects

7.4.3.3. UK

7.4.3.3.1. Market Trends and Opportunities

7.4.3.3.2. Growth Prospects

7.4.3.4. Spain

7.4.3.4.1. Market Trends and Opportunities

7.4.3.4.2. Growth Prospects

7.4.3.5. Others

7.4.3.5.1. Market Trends and Opportunities

7.4.3.5.2. Growth Prospects

7.5. Middle East and Africa

7.5.1.  By Source

7.5.2. By Application

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.1.1. Market Trends and Opportunities

7.5.3.1.2. Growth Prospects

7.5.3.2. UAE

7.5.3.2.1. Market Trends and Opportunities

7.5.3.2.2. Growth Prospects

7.5.3.3. Israel

7.5.3.3.1. Market Trends and Opportunities

7.5.3.3.2. Growth Prospects  

7.5.3.4. Others

7.5.3.4.1. Market Trends and Opportunities

7.5.3.4.2. Growth Prospects

7.6. Asia Pacific

7.6.1. By Source

7.6.2. By Application

7.6.3. By Country

7.6.3.1. China 

7.6.3.1.1. Market Trends and Opportunities

7.6.3.1.2. Growth Prospects

7.6.3.2. Japan

7.6.3.2.1. Market Trends and Opportunities

7.6.3.2.2. Growth Prospects

7.6.3.3. India

7.6.3.3.1. Market Trends and Opportunities

7.6.3.3.2. Growth Prospects

7.6.3.4. South Korea

7.6.3.4.1. Market Trends and Opportunities

7.6.3.4.2. Growth Prospects

7.6.3.5. Indonesia

7.6.3.5.1. Market Trends and Opportunities

7.6.3.5.2. Growth Prospects

7.6.3.6. Thailand

7.6.3.6.1. Market Trends and Opportunities

7.6.3.6.2. Growth Prospects

7.6.3.7. Others

7.6.3.7.1. Market Trends and Opportunities

7.6.3.7.2. Growth Prospects

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisition, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Cefetra Group

9.2. KW Alternative Feeds

9.3. LaBudde Group Inc

9.4. Louis Dreyfus Citrus

9.5. Furst-McNess Company

9.6. Suwannee Valley Feeds LLC

9.7. Nutrinza.

9.8. The Scoular Company

9.9. McNess

9.10. R. H. Rohrer & Sons Inc.

9.11. GP Feeds


Cefetra Group

KW Alternative Feeds

LaBudde Group Inc

Louis Dreyfus Citrus

Furst-McNess Company

Suwannee Valley Feeds LLC

Nutrinza.

The Scoular Company

McNess

R. H. Rohrer & Sons Inc.

GP Feeds


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